Banks ‘too slow’ bridging the finance gap
The big banks were on the defensive on Friday due to federal government criticism over their handling of a COVID-19 business loan scheme.
Banks should partner with fintechs on SME loans: Lumi
Unsecured lender Lumi is calling on government and the banking community to partner with fintechs on SME loans.
Lumi raises $31.5m to improve small business lending
Australian fintech company and alternative lender Lumi has announced it has raised $31.5 million in Series A funding as part of its plans to give small- and medium-sized enterprises easier access to finance. As a result of the funding, Lumi will become the first pre-revenue fintech business lender to offer a warehouse securitisation program in Australia. By combining its application programming interface (API) with traditional credit data and the applicant’s social impact, Lumi aims to streamline the loan application process for small business owners. Yanir Yakutiel, founder and CEO of Lumi, says the company is trying to solve the key issues of alternative lending for small businesses. “We saw a […]
The Finalists of the 2024 Finnies awards have been announced
The finalists for Australia’s 2024 Finnies fintech business awards have been announced.
Finalists announced for 9th Annual FinTech Awards 2024
The FinTech Awards celebrate the entrepreneurs and Australian fintechs who are doing amazing things, growing their businesses, here in Australia, and overseas.
The 2023 Australian FinTech news headlines
Here are all the major Australian FinTech news headlines for 2023.
The finalists for The Finnies 2022 have been announced
The finalists for The Finnies 2022 have been announced. Congratulations to all the fintechs, associated businesses and their hard working teams.
What does a Trump President mean for banking, fintech and crypto?
What does a Trump Presidency hold for financial services post 2025?
